Advantage Energy Ltd. (TSE:AAV) Receives C$14.17 Consensus Target Price from Analysts

Shares of Advantage Energy Ltd. (TSE:AAV) (NYSE:AAV) have received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$14.17.

Several research analysts have recently weighed in on AAV shares. ATB Cormark Capital Markets cut shares of Advantage Energy from a “strong-buy” rating to a “moderate buy” rating and decreased their price target for the stock from C$15.00 to C$14.00 in a report on Friday, February 13th. National Bank Financial raised shares of Advantage Energy from a “hold” rating to an “outperform” rating and upped their price target for the stock from C$14.00 to C$15.00 in a report on Friday, February 13th. Finally, BMO Capital Markets cut shares of Advantage Energy from an “outperform” rating to a “hold” rating and set a C$12.00 price target on the stock. in a report on Tuesday, April 7th.

Advantage Energy Price Performance

Shares of TSE AAV opened at C$10.13 on Thursday. Advantage Energy has a twelve month low of C$9.19 and a twelve month high of C$13.20. The stock’s 50 day moving average price is C$10.06 and its 200-day moving average price is C$10.89. The company has a market capitalization of C$1.70 billion, a PE ratio of 15.58, a PEG ratio of -3.58 and a beta of -0.42. The company has a quick ratio of 0.72, a current ratio of 0.38 and a debt-to-equity ratio of 48.61.

Advantage Energy (TSE:AAV) (NYSE:AAV) last posted its quarterly earnings data on Thursday, March 5th. The company reported C$0.06 EPS for the quarter. Advantage Energy had a return on equity of 6.59% and a net margin of 16.83%.The business had revenue of C$169.03 million for the quarter. On average, equities analysts anticipate that Advantage Energy will post 1.4701493 EPS for the current year.

Insider Transactions at Advantage Energy

In other news, Director Donald M. Clague bought 5,000 shares of Advantage Energy stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of C$9.92 per share, with a total value of C$49,600.00. Following the completion of the purchase, the director directly owned 90,000 shares in the company, valued at C$892,800. The trade was a 5.88% increase in their ownership of the stock. Company insiders own 1.55% of the company’s stock.

About Advantage Energy

Advantage Energy Ltd supplies clean, affordable, reliable, and sustainable Canadian energy to power the needs of Canada and the world. It is focused on the development and delineation of its Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla, and Progress, Alberta.